224 Colborne St W
Colborne St W, West Brant, Brantford, ON, N3T 1L8
Quick Summary
Quick Summary
- Profitable triplex with 7.1% CAP rate
- Updated interiors and separate hydro meters
- Detached rentable workshop space
- Versatile units with unique livability
- Main floor unit with no stairs
- Upper unit with cozy Juliet balcony
- Spacious basement in one unit
- All units at market rents
**7.1% CAP RATE** Welcome to an exciting offering in the extremely popular city of Brantford. This TRIPLEX not only offers 3 units with updated interiors, all with separate hydro meters, and parking for each unit, but it also offers a FOURTH rentable space in the detached workshop. The property itself has been craftily designed, to... Show More
**7.1% CAP RATE** Welcome to an exciting offering in the extremely popular city of Brantford. This TRIPLEX not only offers 3 units with updated interiors, all with separate hydro meters, and parking for each unit, but it also offers a FOURTH rentable space in the detached workshop. The property itself has been craftily designed, to enhance each units unique livability, giving this building the ability to attach an almost universal audience. There is a main floor unit with no stairs, an upper private unit with a cozy juliet balcony and the last unit offers main floor living with a surprisingly large basement to enjoy as well. ALL THE RENTS ARE MARKET RENTS, yes you read that correct, this building has been flipped in the recent years with modern leases all paying market rents. This building offers a 7.1% CAP RATE. In a time where the comparable properties are still stuck in the 5's. This is a rare chance to own a key turn investment property and start CASH FLOWING TODAY, EVEN WITH A MORTGAGE. (id:54626)
Property Details
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For Sale Nearby
Sold Nearby
- 2
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- 2,000 - 2,500 Sq. Ft.
- 4
- 2
- 3
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- 1,400 - 1,599 Sq. Ft.
- 5
- 3
- 1,100 - 1,500 Sq. Ft.
- 4
- 2
- 700 - 1,100 Sq. Ft.
- 3
- 2
- 4
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- 700 - 1,100 Sq. Ft.
- 2
- 1
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